The Role of Environment, Social, and Governance Performance in Shaping Corporate Current and Future Value: The Case of Global Tech Leaders

Corporations that prioritize Environment, Social, and Governance (ESG) considerations tend to have a more sustainable approach business operations with lower impact on the environment society. Extant literature is available of ESG firm performance, risk-taking, profitability, cost capital, cash flows, default risk. However, very little known about role performance in shaping current future value corporation. Similarly, hi-tech firms, being part rapidly growing sector world, are facing greater scrutiny from investors, regulators, consumers demonstrate their commitment sustainability social responsibility. This paper investigates effect corporate present top global tech leaders for period eight years (2010 2017). Panel data techniques such as fixed effects model random based Hausman test were used observe this relationship. Earnings per share (EPS) price-to-earnings ratio (PE ratio) measure value, respectively. The results revealed has significantly positive association both proxies companies. compared EPS, it had pronounced PE sampled firms. Unlike many earlier studies claimed score impacts corresponding period, research novel, asserts investors not only benefiting firms’ higher investment through an increase EPS but also highly optimistic thus paying each dollar earnings. These finding contribute existing body nexus supported by stakeholder theory Thus, policymakers should pay keen attention earn long-term trust shareholders.